Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Friday, August 28, 2015
Faruqi & Faruqi Investigation: Cameron International Corporation
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Cameron International Corporation (“Cameron” or the “Company”) (NYSE:CAM) for potential breaches of fiduciary duties in connection with the sale of the Company for approximately $14.8 billion in a cash and stock.
The Company’s stockholders will only receive 0.716 shares of the Schlumberger common stock and $14.44 in cash for each Cameron share, or $67.54 per share in August 28, 2015 prices. However, the offer is significantly lower than the 52-week high and at least one analyst’s estimated value of $76.00 per share
If you own common stock in Cameron and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact F&F'sJuan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330..